Allbridge Core Exploited for $1.65M, Funds Bridged to Ethereum
Allbridge Core suffered a $1.65 million exploit, with the attacker bridging stolen funds from Solana to Ethereum. The protocol has been paused and LPs urged to withdraw.
SOLETH
Allbridge Core, a cross-chain bridge protocol, was exploited for approximately $1.65 million. The attacker bridged the stolen funds from Solana to Ethereum.
In response, Allbridge said it has paused the protocol as a precautionary measure and urged affected liquidity providers (LPs) to withdraw immediately. The team is investigating the incident.
Source: Cointelegraph